waitin to buy more but it keeps going up :D
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waitin to buy more but it keeps going up :D
What interests me, is who is selling and why. Guess there's no way to tell.
Maybe a lot of the original shareholders who thought they had to step in and support the capital raising otherwise they were going to be left with a heap of worthless shares, and now don't have the patience to wait for the company to turn things around and/or don't have the patience to wait for the share price to lift substantially from where it is now.
From the volume going in, these are serious purchases of PGC, a longer-term hold. I've been tempted too, getting a bit sick of shares that fluctuate up and down all the time. Is this one of the few NZ shares that Balance thinks is OK, not sure if that's a good reference or not.. :t_up:
BTW, pay no attention to my posts, I'm usually wrong.. make that on average slightly wrong :)